JONIX Balance Sheet Health
Financial Health criteria checks 3/6
JONIX has a total shareholder equity of €6.4M and total debt of €625.7K, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are €7.6M and €1.2M respectively.
Key information
9.8%
Debt to equity ratio
€625.67k
Debt
Interest coverage ratio | n/a |
Cash | €471.54k |
Equity | €6.41m |
Total liabilities | €1.19m |
Total assets | €7.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: JNX's short term assets (€6.6M) exceed its short term liabilities (€610.1K).
Long Term Liabilities: JNX's short term assets (€6.6M) exceed its long term liabilities (€576.1K).
Debt to Equity History and Analysis
Debt Level: JNX's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JNX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JNX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JNX's interest payments on its debt are well covered by EBIT.